Company
The Hanover Insurance Group, Inc.
Headquarters: Worcester, MA, United States
Founded: 1852
Employees: 4,400
CEO: Mr. John Conner Roche
Market Cap
$4.51 Billion
USD as of July 1, 2024
The Hanover Insurance Group, Inc. Categories
United States Financials Insurance—Property & CasualtyUnited States Financials United States Insurance—Property & Casualty
Top Competitors by Market Capitalization
Industry: Insurance—Property & Casualty
| Company | Market Cap (USD) |
|---|---|
| The Progressive Corporation | $123.15 B |
| Chubb Limited | $102.53 B |
| Tokio Marine Holdings, Inc. | $76.18 B |
| The Travelers Companies, Inc. | $46.64 B |
| The Allstate Corporation | $41.81 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
The Hanover Insurance Group, Inc. has the following listings and related stock indices.
Stock: NYSE: THG wb_incandescent
Stock: FSX: AF4 wb_incandescent
Product & Services
Casualty insurance, Property insurance
Key People
John Roche (President and Chief Executive Officer)